Alkami Technology (NASDAQ:ALKT) is a cloud-based digital banking solutions provider serving community banks and credit unions across the United States. Founded in 2009 and headquartered in Plano, Texas, the company develops and maintains a secure digital engagement platform that enables financial institutions to deliver modern, user-friendly online and mobile banking experiences. Alkami’s Software-as-a-Service (SaaS) delivery model allows clients to rapidly deploy new features and maintain seamless system updates without extensive internal IT infrastructure investments.
The Alkami platform encompasses a comprehensive suite of digital banking services, including online account opening and onboarding, person-to-person (P2P) payments, bill pay, funds transfer, budgeting tools, and account aggregation. The company’s open API framework supports easy integration with third-party fintech applications, core processors, and payment networks, ensuring clients can offer a wide range of tailored services. Advanced data analytics and personalization capabilities enable institutions to track user behavior, tailor product recommendations, and drive deposit growth.
Alkami’s customer base spans more than 200 financial institutions, ranging from small community banks to regional credit unions. Its cloud-native architecture and compliance-ready platform support rapid regional deployment, high availability and robust security measures such as multi-factor authentication and encryption. The company has fostered strategic partnerships with leading technology and payments providers, enhancing its digital banking ecosystem through collaborations with platforms like Zelle, early wage access services and identity verification specialists.
Leadership at Alkami includes co-founders Laura Spiekerman, Chief Executive Officer, and Neal Bodenstab, Chief Technology Officer, who together guide product innovation and technology strategy. The executive team also comprises seasoned financial services and technology veterans overseeing operations, sales and customer success. Since completing its initial public offering in early 2021, Alkami has continued investing in research and development to stay ahead of emerging digital banking trends and help clients meet evolving customer expectations in an increasingly competitive market.
